Monthly Archives: August 2013

VIX Spike

On Tuesday August 27th, 2013 the VIX spiked due to escalating tensions in Syria. Below is a chart of the spot VIX and the VXX, which is the VIX ETF based on the short term futures contract. The blue line show the correlation between VIX and VXX.

VIX vs VXX 08-27-2013